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Show all work/explanations for full credit ! Which of the following deductions m

ID: 2347222 • Letter: S

Question

Show all work/explanations for full credit !

Which of the following deductions must be matched by the employer, resulting in both a deduction from gross pay and an expense to the employer? Charitable deductions Federal income taxes FICA taxes Federal unemployment taxes Tom's gross pay for the week is $800. Tom's deduction for federal income tax is based on a rate of 18%. Tom has no voluntary deductions. Tom's yearly pay is under the limit for OASDI. What is the amount of Tom's net pay? $594.80 $656.00 $738.80 $533.60 Mary's gross pay for the week is $1,000. Mary's deduction for federal income tax is based on a rate of 20%. Mary has voluntary deductions of $150. Her yearly pay is under the limit for OASDI. What is the amount of her net pay? $594.80 $650.00 $573.50 $773.50 Mary's gross pay for the week is $1,000. Mary's deduction for federal income tax is based on a rate of 20% Mary has voluntary deductions of $150. Her yearly pay is under the limit for OASDI. What is the amount of FICA deducted from her pay? $76.50 $59.80 $65.00 $153.00

Explanation / Answer

Tom's net pay= $594.80